Data Ownership

Definition ∞ Data ownership pertains to the control and rights an individual or entity possesses over their digital information. In decentralized systems, this concept often means users can manage access and potentially monetize their data, moving away from traditional models where platforms retain extensive control. This paradigm shift emphasizes user sovereignty over personal information.
Context ∞ Discussions on data ownership are prevalent in news concerning privacy-enhancing technologies, decentralized identity solutions, and Web3 initiatives. Reports might detail new protocols or platforms enabling users to control their data or the regulatory debates surrounding digital privacy. Understanding data ownership is critical for evaluating the societal and economic implications of blockchain and decentralized technologies.